XRP slides toward $1.35 as liquidation wave signals weak support

XRP slides toward $1.35 as liquidation wave signals weak support

Source: CoinDesk

Published:04:54 UTC

BTC Price:$68590.7

#xrp #bearish #crypto

Analysis

Price Impact

High

The article highlights a sharp late-session sell-off with a significant spike in volume, indicating forced liquidations and weak support. this suggests a potentially larger and more rapid price move is imminent, rather than a gradual correction.

Trustworthiness

High

Price Direction

Bearish

The article explicitly states xrp 'slides toward $1.35', 'traders are still leaning bearish', and 'sellers are in control unless xrp reclaims $1.40'. the break below $1.36 support and the potential downside toward $1.30 further reinforce a bearish outlook.

Time Effect

Short

The analysis focuses on 'late-session selling', 'near-term support', and signals that 'a bigger directional move looks close', indicating short-term implications for price movement.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP slides toward $1.35 as liquidation wave signals weak support Sharp late-session selling and rising leverage suggest a bigger move is coming, with downside risk building. By Shaurya Malwa Mar 27, 2026, 4:54 a.m. Make preferred on What to know : XRP slid about 2.7% to hover near $1.35 after a sharp late-session sell-off that pushed the token below key $1.36 support. Heavy, rapid selling with a spike in volume points to forced liquidations and a fragile market structure rather than orderly profit-taking. Traders are watching $1.35 as near-term support and $1.40 as critical resistance, with rising leverage and compressed volatility signaling a potentially larger move ahead. XRP dropped below $1.40 and is now hovering near $1.35 after a volatile session, with a late burst of selling showing traders are still leaning bearish. The move wasn’t gradual — it came fast, with heavy volume hitting in minutes, suggesting forced liquidations rather than normal selling. News Background XRP fell roughly 2.7% over 24 hours, slipping from $1.40 to near $1.36 A sharp sell-off in the final hour saw volume spike dramatically, pointing to liquidation-driven moves The token remains stuck below $1.40, a level that has repeatedly capped recovery attempts Price Action Summary Price trended lower throughout the session, forming consistent lower highs A late drop pushed XRP through $1.36 support before stabilizing near $1.35 Selling accelerated quickly rather than gradually, indicating weak support structure Short-term range now tightens around $1.35-$1.37 Technical Analysis The key shift is momentum: sellers are in control unless XRP reclaims $1.40 The sharp spike in volume during the drop suggests liquidations, not just profit-taking At the same time, leverage is building — traders are adding positions even as price falls, which can fuel further volatility This creates a fragile setup where small moves can trigger larger cascades What traders should watch $1.35 is now the key level — holding it keeps XRP range-bound A break below opens downside toward $1.30 On the upside, reclaiming $1.40 is needed to stabilize structure With volatility compressing earlier and now expanding, a bigger directional move looks close More For You The Definitive Stablecoin Landscape Series: North America By CoinDesk Research 13 hours ago Commissioned by Ripple As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption. Why it matters : Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all. View Full Report More For You Bitcoin slides below $68,500 as Trump extends Iran deadline but war risks persist By Shaurya Malwa 23 minutes ago Every major is red on the day as the war enters its fifth week with no resolution, though ETF inflows of $2.5 billion over the past month and net exchange outflows suggest institutional accumulation beneath the surface. What to know : Bitcoin slid about 3% to roughly $68,500 as another cycle of mixed Iran war headlines whipsawed markets for the fifth straight week. Major cryptocurrencies broadly declined alongside Asian equities, though Tron bucked the trend, while the overall crypto market cap still hovers above its 50-day moving average, which some analysts... Read full story Latest Crypto News Bitcoin slides below $68,500 as Trump extends Iran deadline but war risks persist 23 minutes ago Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion 38 minutes ago White House crypto czar David Sacks transfers to presidential advisory committee role 4 hours ago Top Democrat on House committee questions Kraken's Federal Reserve account 6 hours ago Crypto edges off of worst levels after Trump extends Iran strike pause 7 hours ago GameStop turned its $368 million bitcoin stash into an options income play 8 hours ago Top Stories Coinbase, Fannie Mae bring crypto-backed mortgages to homebuyers 17 hours ago Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying 9 hours ago Market structure bill compromise draws wide-ranging reaction from fractured crypto crowd Mar 25, 2026 Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag" 18 hours ago MARA Holdings higher by 10% after selling $1.1 billion in bitcoin to fund debt buyback 16 hours ago Why big banks are snubbing open ledgers to build their own private blockchains 12 hours ago